Japanese conglomerate SoftBank Group Corp plans to sell its stake in digital personal finance company SoFi Technologies Inc, according to a filing late on Monday. SoFi shares fell 3% in extended trading. On Monday, SoftBank sold 6.7 million shares in SoFi at a weighted average price of $8.17 per share, three days after it sold 5.4 million shares at a price of $7.99. SoftBank also posted a record $23.1 billion loss… Continue reading SoftBank plans to sell stake in digital finance firm SoFi
Tag: Uber
The Best Theragun (and Other Great Massage Guns)
Massage guns, also known as percussive therapy devices, help relax and soothe sore muscles, whether you’re an athlete or just hunching over a desk all day. Theraguns (made by Therabody) tend to be the best massage guns. We’ve tested to find the best Theraguns, as well as several of the more affordable alternatives available. Our… Continue reading The Best Theragun (and Other Great Massage Guns)
Lyft creates media division to cash in on in-car ads
Lyft has created a new business unit to beef up its digital advertising business across its tablets, mobile app, rooftops and bicycles, producing the potential to add billions of dollars to its bottom line. The ride-hailing company announced on its blog Monday that Lyft Media will help cash in on the growing market for in-vehicle… Continue reading Lyft creates media division to cash in on in-car ads
Twilio hacked by phishing campaign targeting internet companies
Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees into handing over their corporate login credentials. The San Francisco-based company, which allows users to build voice and SMS capabilities — such as two-factor authentication (2FA) — into applications, said in a blog post published Monday that it became aware that someone… Continue reading Twilio hacked by phishing campaign targeting internet companies
Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide
75 stores will be available for same day delivery through Uber Eats SAN FRANCISCO, Aug. 8, 2022 /PRNewswire/ — Today, Uber Technologies, Inc. (NYSE: UBER) and The Body Shop announced the expansion of their partnership to include almost all of the beauty company’s retail stores across the U.S. This expansion brings new locations to the… Continue reading Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide
The Best Ebook Readers
I dearly love a paperback book that I can bend, touch, smell, and display on my bookshelf when I’m done. But there’s no doubt that ebook readers (also called e-readers) have made life easier. They let you carry thousands of books or dozens of audiobooks in a single, slim, rectangular tablet; they have paperlike screens… Continue reading The Best Ebook Readers
A Slack Bug Exposed Some Users’ Hashed Passwords for 5 Years
The office communication platform Slack is known for being easy and intuitive to use. But the company said on Friday that one of its low-friction features contained a vulnerability, now fixed, that exposed cryptographically scrambled versions of some users’ passwords. When users created or revoked a link—known as a “shared invite link”—that others could use… Continue reading A Slack Bug Exposed Some Users’ Hashed Passwords for 5 Years
BeReal and the Doomed Quest for Online Authenticity
On its ascent to the coveted top spot in app store charts, BeReal—the French photo-sharing app launched in 2020—has been heralded as the antidote to social media fakery. Staving off canny staging and slick curation, BeReal gives users just two minutes following a prompt to submit a dual front-camera/back-camera image. Only after posting their own… Continue reading BeReal and the Doomed Quest for Online Authenticity
Robinhood’s hangover, YC’s reduction and Uber’s return to form
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Maggie this week for our weekly roundup show, and per usual, there was a lot to talk about, including the fact that there were… Continue reading Robinhood’s hangover, YC’s reduction and Uber’s return to form
Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea
Whether you’re riding a chicken bus in Nicaragua or a Greyhound in the United States, intercity bus travel is rarely a glamorous affair. Despite its essential nature in moving people for vacation, visiting family and business, this particular mode of transportation has often been reduced to its most essential components — plenty of seats, wheels,… Continue reading Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea